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Henry Schein (Henry Schein) Cyclically Adjusted Price-to-FCF : 17.79 (As of Apr. 27, 2024)


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What is Henry Schein Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Henry Schein's current share price is $73.13. Henry Schein's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.11. Henry Schein's Cyclically Adjusted Price-to-FCF for today is 17.79.

The historical rank and industry rank for Henry Schein's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HSIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.6   Med: 21.27   Max: 30.13
Current: 17.8

During the past years, Henry Schein's highest Cyclically Adjusted Price-to-FCF was 30.13. The lowest was 13.60. And the median was 21.27.

HSIC's Cyclically Adjusted Price-to-FCF is ranked better than
68.75% of 32 companies
in the Medical Distribution industry
Industry Median: 25.45 vs HSIC: 17.80

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Henry Schein's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.850. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $4.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henry Schein Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Henry Schein's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Henry Schein Cyclically Adjusted Price-to-FCF Chart

Henry Schein Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.16 19.04 20.16 19.09 18.43

Henry Schein Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.09 19.01 18.78 16.88 18.43

Competitive Comparison of Henry Schein's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Henry Schein's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Henry Schein's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Henry Schein's Cyclically Adjusted Price-to-FCF falls into.



Henry Schein Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Henry Schein's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=73.13/4.11
=17.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Henry Schein's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Henry Schein's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.85/129.4194*129.4194
=-0.850

Current CPI (Dec. 2023) = 129.4194.

Henry Schein Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.426 99.695 -0.553
201406 1.045 100.560 1.345
201409 0.888 100.428 1.144
201412 1.483 99.070 1.937
201503 -0.249 99.621 -0.323
201506 1.127 100.684 1.449
201509 0.527 100.392 0.679
201512 1.840 99.792 2.386
201603 -0.546 100.470 -0.703
201606 1.600 101.688 2.036
201609 0.979 101.861 1.244
201612 1.484 101.863 1.885
201703 -0.438 102.862 -0.551
201706 1.314 103.349 1.645
201709 0.714 104.136 0.887
201712 1.478 104.011 1.839
201803 -0.549 105.290 -0.675
201806 1.759 106.317 2.141
201809 1.008 106.507 1.225
201812 1.779 105.998 2.172
201903 -0.329 107.251 -0.397
201906 0.993 108.070 1.189
201909 1.439 108.329 1.719
201912 1.801 108.420 2.150
202003 0.388 108.902 0.461
202006 -0.691 108.767 -0.822
202009 1.776 109.815 2.093
202012 2.358 109.897 2.777
202103 0.342 111.754 0.396
202106 0.995 114.631 1.123
202109 1.375 115.734 1.538
202112 1.523 117.630 1.676
202203 0.531 121.301 0.567
202206 0.958 125.017 0.992
202209 0.540 125.227 0.558
202212 1.424 125.222 1.472
202303 -0.030 127.348 -0.030
202306 1.797 128.729 1.807
202309 1.453 129.860 1.448
202312 -0.850 129.419 -0.850

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Henry Schein  (NAS:HSIC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Henry Schein Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Henry Schein's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Henry Schein (Henry Schein) Business Description

Traded in Other Exchanges
Address
135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology & value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology & other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.
Executives
Stanley M Bergman director, officer: President and CEO C/O HENRY SCHEIN INC, 135 DURYEA ROAD, MELVILLE NY 11747
Bradford C Connett officer: CEO, NA Distribution Group C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
Brous David B Jr officer: CEO, Strategic Business Group C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
Walter Siegel officer: Senior VP & General Counsel C/O HENRY SCHEIN, INC, 135 DURYEA RD, MELVILLE NY 11747
James P Breslawski director, officer: Executive Vice President C/O HENRY SCHEIN INC, 135 DURYEA RD, MELVILLE NY 11747
Michael S Ettinger officer: SVP, General Counsel, Sec. C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
Mark E Mlotek director, officer: SVP, Corp Bus Dev Group C/O HENRY SCHEIN INC, 135 DURYEA RD, MELVILLE NY 11747
Lorelei Mcglynn officer: SVP, Global HR & Fin. Oper. C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
Gerald A Benjamin director, officer: Executive V.P and CAO C/O HENRY SCHEIN, INC, 135 DURYEA RD, MELVILLE NY 11747
Ronald N. South officer: SVP & Chief Financial Officer C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
Philip A Laskawy director 9 CREAMER HILL ROAD, GREENWICH CT 06831
Kurt P Kuehn director C/O HENRY SCHEIN, INC, 135 DURYEA ROAD, MELVILLE NY 11747
Scott Philip Serota director C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
Reed Vaughn Tuckson director C/O UNITEDHEALTH GROUP INCORPORATED, 9900 BREN ROAD EAST, MINNETONKA MN 55123
Steven Paladino director, officer: Executive V.P. and CFO C/O HENRY SCHEIN INC, 135 DURYEA RD, MELVILLE NY 11747